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Overview of Goods and Services Tax (GST) Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as […]

The National Company Law Tribunal and the National Company Law Appellate Tribunal Constituted   The constitution of the National Company Law Tribunal and the National Company Law Appellate Tribunal is a paradigm shift with the intention of establishing a specialized forum to adjudicate all disputes/issues pertaining to companies in India. The primary objective of constituting […]

Looking for dynamic Candidates with Accounting and Reporting exposure for Four to Six years of Relevant experience, Should be well versed with various accounting Application Should be able to handle offshore team and coordinate the with the Cliental and ensure the work is done and Service Levels are met.

Government has received a number of representations seeking clarifications on capitalization of costs in cases of Competitive Bid power projects. The clarifications sought were with regard to capitalization of borrowing costs incurred during extended delay in commercial production for reasons beyond the developer’s control, and whether capitalization of power plant should be unit-wise or project-wise. […]

Regulation 6 of Notification No. FEMA.3/2000-RB dated May 03, 2000 in terms of which persons resident in India may raise foreign currency loans from non-residents in accordance with the provisions contained in this Notification. Their attention is also invited to paragraph 2(ii)(a) ofAP (DIR Series) Circular No. 27 dated September 23, 2011 in terms of which all eligible […]